Exclusive: GM CEO defends plan to sell Ohio plant to startup
General Motors Chief Executive Mary Barra on Wednesday defended the automaker’s plan to sell an assembly plant in Ohio, arguing the plan to sell the...
YOUR MONEY: Renovating after a natural disaster? Planning is key
For the Parkers of Houston, Texas, there will be no summer vacation this year because they are still paying off the dent in their finances...
Watchdog examines Guernsey listings of suspended Woodford fund
Britain’s financial watchdog said it was examining a decision by a frozen Woodford fund to list investments in Guernsey, as wealth manager St James’s Place...
U.S. services sector activity perks up; eases gloom over economy
U.S. services sector activity expanded at a brisk pace in May and industries hired more workers, offering some respite for an economy that is slowing...
Bernie Sanders accuses Walmart of paying ‘starvation wages’
Democratic U.S. presidential hopeful Bernie Sanders said Walmart Inc should increase wages for its workers and stop fueling income inequality in the country....
SEC poised to adopt rules aimed at preventing broker conflicts, boosting disclosure
The U.S. Securities and Exchange Commission (SEC) on Wednesday will vote to adopt a package of rules mandating brokerage firms disclose potential conflicts in the...
Trump adviser, influential senator cast doubt on Mexico tariffs
A White House trade adviser and a leading Republican senator said on Wednesday that a U.S. plan to impose tariffs on Mexican goods might not...
Investors retreat from U.S. stock funds as trade war expands
Investors pulled approximately $4.7 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week as concerns about escalating trade wars weighed...
Wall St. gains as weak private jobs data raises rate cut bets
U.S. stocks rose on Wednesday as expectations of an interest rate cut by the Federal Reserve were lifted following the weakest pace of private sector...
Fed policymakers promise response if U.S. economy slows
Signs that the economy is losing momentum hung over a Federal Reserve summit for a second straight day as policymakers hinted they would be ready...